taxes Property Tax Assistance

2022 Confidence Interval Detail

Palo Pinto County
182-905/Strawn ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 3,469,030 0.9116 3,805,430 15 90 0.017268051
A 4,147,060 1.0394 3,989,860 15 62 0.014912502
A 4,947,950 1.0224 4,839,544 16 49 0.016527143
A 12,085,070 1.0686 11,309,255 13 70 0.015241234
E 21,554,280 1.0536 20,457,745 20 149 0.228927157
F1 4,579,840 1.0056 4,554,336 8 37 0.001739365
G1 882,340 0.8326 1,059,741 9 42 0.060527050
G1 936,020 1.0365 903,058 5 8 0.006088657
Random Totals: 52,601,590 50,918,969 101 507
CATG D1 EXCEPTION VALUES: 5,231,530 4,863,510
CATG F1 EXCEPTION VALUES: 1,112,910 1,083,005
CATG G1 EXCEPTION VALUES: 5,312,990 5,118,381
CATG J EXCEPTION VALUES: 3,382,500 3,575,878
Total Test Values 67,641,520 65,559,743

Margin of Error

Margin of Error Percent: 6.2941994
Margin of Error Value: 4,126,461

Confidence Interval Values(5)

Local Test Value: 67,641,520 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 61,433,282 (State Test Value minus Margin of Error Percent)
State Upper Limit: 69,686,204 (State Test Value plus Margin of Error Percent)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values